LOAN AND SECURITY AGREEMENTLoan and Security Agreement • October 29th, 2014 • Rosetta Stone Inc • Services-prepackaged software • Virginia
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of October 28, 2014 (the “Effective Date”) between SILICON VALLEY BANK, a California corporation with a loan production office located at 275 Grove Street, Suite 2-200, Newton, Massachusetts 02466 (“Bank”), and ROSETTA STONE LTD., a Virginia corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
